Nowadays, society prefers a fast and more convenient lifestyle, mostly affected by their work requirements. The bar chart proves that working or other external factors can have a big impact on how people prefer their living methods. It clearly shows the significant shifts in homeownership and renting trends among people aged 25-34 in the UK between 2004 and 2014. Notably, the
percentage
of homeowners decreased Use synonyms
while
the Linking Words
percentage
of renters increased.
Over a 10-year period, homeownership rates among communities aged 25-34 declined significantly during the proportion of renters, ultimately surpassing homeowners by the end of it all.
The Use synonyms
percentage
of homeowners was approximately 58% in 2004, which is 30% higher than the renter rate. Over time, Use synonyms
this
Linking Words
percentage
slightly declined to approximately 56% in 2006 but Use synonyms
then
steadily decreased until eventually reaching about 52% by 2011. Linking Words
Moreover
, in 2012, it steadily dropped Linking Words
further
to almost 52% before steadily declining over time and Linking Words
finally
reaching around 36% by 2014.
Linking Words
Besides
the owners, in 2004, approximately 20% of people were renting, the figure kept rising to approximately 33% by 2005 and remaining stable until 2006. Over the subsequent five years, Linking Words
however
, Linking Words
this
rate experienced considerable steady growth, eventually reaching around 41% by 2011. It stabilized for another year before skyrocketing even Linking Words
further
to 47% by 2014, dramatically surpassing homeownership rates altogether.Linking Words
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